Quantum Computing Stocks Sink as Nvidia CEO Says Tech Is 15 to 30 Years Away Investopedia

Stocks closed sharply lower Tuesday after a late-session slide erased huge earlier gains, as investors continue to fret about the potential impact of tariffs being imposed by the Trump administration.

Shares in CoreWeave, a cloud computing company backed by Nvidia, wavered in their market debut Friday, following a $1.5 billion initial public offering that priced below its expected range.

The S&P 500 and Nasdaq climbed Monday afternoon, while a slide in shares of Verizon weighed on the Dow.